The method of moving averages is used to:
a. take away short term seasonal variation
b. reduce random variation
c. leave the combined trend and cyclical movement
d. All of these choices are true.
D
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Which element of expectancy theory could be phrased as the question, “What’s the probability that, if I do a good job, that there will be some kind of outcome in it for me?”
A. expectancy B. instrumentality C. effort D. valence
Unfavorable variances are represented by credit balances in the overhead account
Indicate whether the statement is true or false
Bravada Enterprises Transactions for Bravada Enterprises are provided below. Sept. 1 Bills are sent to clients for services provided in August for the amount of $2,200. Sept. 9 Barlue Furnishings delivers $1,500 of office furniture and $500 of office supplies to Bravada, leaving an invoice for $2,000. Sept. 15 Payment is made to Barlue for the office furniture and supplies delivered on September
9. Sept. 23 A $630 bill for advertising for the month of September is received. It will be paid on its due date in October. Sept. 30 Salaries of $450 are paid to employees. Refer to the transactions that occurred at Bravada Enterprises. The journal entry to record the September 15th transaction will include a debit of $2,000 to: A) Salaries expense. B) Salaries payable. C) Prepaid expenses. D) Accounts payable.
Opportunistic buying is common among off-price retailers
Indicate whether the statement is true or false